Vendor Evaluation and Coordination CAIPM Practice Questions (Page 7)

Questions 31–35

1. 31foundation · easy

   Which practice best supports a collaborative relationship with an AI vendor?

   • ATreating the vendor as an adversary in negotiations
   • BChanging requirements frequently without discussion
   • CSharing strategic goals and challenges openly
   • DWithholding feedback to avoid conflict
   Reveal Solution Discussion Select an answer first
2. 32expert · hard

   A pharmaceutical company is evaluating AI vendors for drug discovery. The company requires high-performance computing (HPC) capabilities and must comply with strict data privacy regulations. Vendor A offers a powerful HPC platform but stores data in a region that does not meet the company's data residency requirements. Vendor B meets data residency requirements but has limited HPC capacity, which could slow down research. The company's research team wants to start immediately. What is the most appropriate decision?

   • ASelect Vendor B and negotiate a phased capacity expansion to meet research needs while ensuring compliance.
   • BSelect Vendor A and store the data on-premises while using Vendor A's HPC.
   • CSelect Vendor A and rely on their promise to add a compliant region later.
   • DDelay the project until a new vendor emerges that meets both requirements.
   Reveal Solution Discussion Select an answer first
4. 33expert · hard

   A global bank is working with an AI vendor on a real-time fraud detection system. The vendor's development team is in India, the bank's operations team is in New York, and the bank's security team is in London. The project has a critical go-live date, and the bank's project manager is struggling to coordinate across time zones. The vendor has missed two milestones, citing communication delays. What is the most effective coordination strategy?

   • AImplement a follow-the-sun communication model with a rotating daily handoff meeting and a shared incident log.
   • BAsk the vendor to move their development team to New York for the duration of the project.
   • CRequire all teams to attend a single daily meeting at a fixed time that suits the bank's headquarters.
   • DUse only asynchronous communication via email and a project management tool.
   Reveal Solution Discussion Select an answer first
5. 34expert · hard

   A company is working with an AI vendor to develop a hiring tool. The vendor's solution uses a model that has been shown to have a disparate impact on certain demographic groups. The company's legal team has raised concerns about ethical and regulatory compliance. The vendor argues that the model is technically accurate and that the disparate impact is due to the training data. What should the program manager do?

   • ATerminate the contract immediately because the vendor's model is biased.
   • BIgnore the concern because the training data is the cause, not the vendor's fault.
   • CRequire the vendor to conduct a bias audit and provide a mitigation plan before deployment.
   • DAccept the vendor's explanation because the model is technically accurate.
   Reveal Solution Discussion Select an answer first
6. 35application · medium

   A technology company has been working with an AI vendor for over a year. The vendor has consistently met performance targets and has provided valuable insights for improving the AI models. The company's program manager wants to foster a long-term collaborative relationship. Which action best supports this goal?

   • AReduce communication to only quarterly status reports to minimize management overhead.
   • BSwitch to a different vendor every year to ensure competitive pricing.
   • CSchedule regular innovation workshops with the vendor to explore new use cases and share roadmaps.
   • DDemand that the vendor provide all future enhancements at no additional cost.
   Reveal Solution Discussion Select an answer first